Metropolitan Life started operations in Botswana in 1998 and has since grown to become the second largest life insurer in the country. It operates as a licensed life insurance and financial services provider, regulated under the Non-Bank Financial Institutions Regulatory Authority (NBFIRA). The head office is based in Gaborone at Zambezi Towers in the Central Business District.
Products & Services
Metropolitan Botswana provides a wide range of financial and insurance products tailored to individuals, families, and businesses. These include:
Life & Health Protection – products like Mothusi Life Cover and Hospital Cashback Plans.
Savings & Investments – including the Thebeyame Investment Plan.
Retirement & Annuities – such as the Sesigo Retirement Annuity Plan.
Education Plans – including Thuto Lesedi Educator Plan.
Funeral Plans – such as Re-Eme-Nao Funeral Cover.
Other Financial Services – offerings like Multicash and pension solutions.
They also provide customer support through dedicated service centres that handle claims, policy servicing, and general client queries.
Governance & People
The company is staffed by a professional management team and risk specialists, ensuring compliance with regulations and effective client service. Metropolitan Life Botswana has built its reputation over more than 20 years, combining local expertise with the backing of a larger regional group, Momentum Metropolitan Holdings.
Market Position
Metropolitan is one of the most established life insurers in Botswana and is recognized for its strong market share in life insurance. Its services focus on financial security, retirement planning, and wealth protection, making it a trusted partner for individuals and businesses seeking long-term stability.